Release Details

Capital One Recognized as One of America’s Top 50 Community-Minded Companies by Bloomberg, National Conference on Citizenship and Points of Light

December 6, 2013 at 8:43 AM EST

Capital One Ranked #2 on the List in Financials Industry, Large
Market Cap

MCLEAN, Va.--(BUSINESS WIRE)--Dec. 6, 2013--
For the second year in a row, Capital
One Financial Corporation was recognized as one of the top 50
community-minded companies in America on the C ivic 50 survey
– an annual initiative that identifies and recognizes companies for
their commitment to invest their time, talent, and resources to improve
the quality of life in the communities where they do business. The
survey was conducted by the
National Conference on Citizenship (NCoC)
and Points of Light, the nation’s definitive experts on civic
engagement, and published by Bloomberg News.

“Capital One is proud to be recognized as one of the top
community-minded companies in America. Wherever we do business, we’re
deeply committed to helping our communities succeed by partnering with
local nonprofits to change lives and neighborhoods for the better,” said
Carolyn Berkowitz, Vice President, Community Affairs, Capital One, and
President, the Capital One Foundation. “Every day, our associates bring
the same collaborative and innovative spirit that drives our business to
our local partnerships and our work in the community. This honor is a
testament to their dedication and to the efforts of the talented
nonprofit leaders we work with every day.”

Through its Investing for Good approach to community involvement and
investment, Capital One is committed to strengthening economic
opportunities for individuals and communities where it does business.
This holistic approach utilizes philanthropy, lending and investing,
volunteerism and sponsorships to achieve impact. In 2013, Capital One
provided $45 million in philanthropic support to nonprofit and community
organizations, and Capital One associates served nearly a quarter
million hours through company-sponsored volunteer activities.

“The results of this year’s Civic 50 survey show that even the
most civically engaged companies are doing more to make community
engagement a top priority and a permanent aspect of their business
strategy,” said Michael Weiser, chairman of the Board, National
Conference on Citizenship and Neil Bush, chairman of the Board, Points
of Light, in a joint statement. “These 50 companies are showing others
in the private sector how to boost the bottom line and make the world a
better place.”

Businesses were evaluated and accrued points based on several criteria,
including how much financial and human resources are applied to civic
improvement, whether internal and external resources are activated to
maximize community impact, how a company’s community engagement
activities support its business interests, how broadly community
engagement is supported and institutionalized within a company’s
policies, systems and incentives, and how a company measures the social
and business value of its community engagement programs.

Capital One was recognized as a leader in several dimensions on this
year’s Civic 50 ranking, including:

#2 - Best in “Organizational Commitment”

#4 - Best in “Business Integration”

#3 - Best in “Measuring Impact”

#2 - Best in Financials industry

#2 - Best in Large Market Cap

"Bloomberg is honored to serve as a lead sponsor of the Civic 50
along with valued partners, Points of Light and the National Conference
on Citizenship," said Elana Weinstein, Bloomberg's Global Head of
Diversity, Inclusion and Community Engagement. "We are encouraged by the
results of this year's survey and look forward to continuing a
partnership which recognizes the tremendous value that corporate
institutions bring to the communities in which we live and work."

The Civic 50 was developed in partnership with a high-profile
working group of lead researchers and industry thought leaders. Dozens
of corporate advisors provided strategic guidance on the program’s
objectives, including defining indicators, developing methodology, and
identifying partners and participants. As a result of this collaborative
process, the initiative reflects leading insight and thinking about how
corporations can and should engage with communities in a twenty-first
century economy.

True Impact, a company specializing in helping organizations maximize
and measure their social and business value, administered the survey. A
cross-sector team of independent qualitative evaluators reviewed the
responses.

To learn more about TheCivic 50 survey as well as the
importance of civic engagement in corporate America, please visit www.Civic50.org.

About the U.S. Chamber Foundation BCLC

BCLC is a program of the U.S. Chamber of Commerce Foundation. Its
network represents more than 125 companies committed to positively
impacting society. The organization’s research, ideas, and programming
embody business’ unique ability to achieve positive outcomes for
societal challenges.

About the Corporate Citizenship Awards

The Corporate Citizenship Awards, known as the “Citizens” Awards, honor
strategic and sustained positive impact on people, communities, the
environment, and society. The Citizens have been presented every year
since 2000 and are one of the nation’s premier recognition programs for
companies that actively work to improve societal challenges.

About Capital One

Capital One Financial Corporation, headquartered in McLean, Virginia, is
a Fortune 500 company with more than 900 branch locations primarily
in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and
the District of Columbia. Its subsidiaries, which include Capital One,
N.A., and Capital One Bank (USA), N. A., offer a broad spectrum of
financial products and services to consumers, small businesses and
commercial clients. We apply the same principles of innovation,
collaboration and empowerment in our commitment to our communities
across the country that we do in our business. We recognize that helping
to build strong and healthy communities – good places to work, good
places to do business and good places to raise families – benefits us
all and we are proud to support this and other community initiatives. To
learn more, visit www.capitalone.com/investingforgood.

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